Copyright2018 by SEG Capital Advisors, LLC. All Rights Reserved23REPORT DEFINITIONS 4BRIEF SEG OVERVIEW 9SaaS M&A MARKET UPDATE –2Q18 21APPENDIX TABLE OF CONTENTS Copyright2018 by SEG Capital Advisors, LLC. All Rights Reserved3SaaS SaaS companies are defined as those companies that primarily offertheir solutions via the cloud and through a subscription ortransaction based pricing model EVEnterprise Value TTMTrailing Twelve Months YoYYear-Over-YearQoQQuarter-Over-Quarter REPORT DEFINITIONSBRIEF SEG OVERVIEW SEG SNAPSHOT: 2Q18 SaaS M&A UPDATECopyright2018 by SEG Capital Advisors, LLC. All Rights Reserved4 。。。。。。